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is watching. plus investing predictions you can't afford to mix. a closer look at the energy sector and fine out how you could make money maybe in that sector in 2013. in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. so why should our anniversary matter to you? because for 200 years, we've been helping ideas move from ambition to achievement. and the next great idea could be yours. ♪ executor of efficiency. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and you...rent from national. because only national lets you choose any car in the aisle...and go. you can even take a full-size or above, and still pay the mid-size price. now this...will work. [ male announcer ] just like you, business pro. just like you. go national. go like a pro. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that do
on the energy markets. let's go to bertha coombs at the nymex. >> we are seeing a little bit of a pullback here when it comes to brent futures, and also across the board pretty much in energy today. not what you would necessarily expect with the weaker dollar. the concern, of course, is that if we do go over that fiscal cliff, no deal by the end of the year. that we will see some recessionary pressures here in the first quarter. at least that's what the congressional budget office is talking about. nat gas is feeling the pressure after a strong rally over the last couple of days. we're getting profit taking there. ironically, it comes after the commitment of traders report from the cftc saying we saw the biggest increase in terms of net long positions in nymex futures. gold holding steady. not necessarily being the big safe haven play. but it is among the strongest performers in the metals complex. we are seeing some strength in po laid yum and platinum. that according to rbc because of a new etf there. >> thank you very much, bertha coombs. we've got a travel doubleheader for you. former conti
to good use, eventually turning them into renewable energy. this is the demonstration just about an hour ago here outside city hall as workers put a couple dozen trees in to the chipper. crews from the recycling contractor will begin collecting people's old trees starting next week. workers expect in the end to recycle more than 500-tons of trees. the manager said all of those wood chips can be burned. the heat turns the generator and creates power. when you put your old tree out on the curb for pick up make sure to take everything off it. >> if the lights and ornaments still on it we can't put it in the chipper, it'll contaminate the load, ruin the product. if it's not stripped of all those things that will go into the trash and to the landfill. we don't want that. >> reporter: if you live in san francisco, you can pit your tree out on the curb starting next wednesday, january 2nd, put it out onto normal collection day next to the trash bin and the folks will come by and grab it. the program will go for two weeks and there is no charge. >> tornados in the south and snow in the midwes
by constellation energy group] captioned by the national captioning institute --www.ncicap.org-- >> you're watching wbal-tv 11. live, local, late-breaking. this is 11 news today at 5:00 a.m. >> good morning. i am sarah caldwell. >> i'm jennifer franciotti. merry christmas. >> things get ill interesting throughout the day. people are finishing up their holiday preparations --
cue of man nearly washed away by the rain-swollen river. >> he had no energy left. >> jack klugman has passed away. he is best known for playing "the odd couple." >> chuck pagano returned to his team as he continues to battle leukemia. >> i asked bruce to take over. you had to win nine games? >> all that matters. >> first lady michelle obama answers calls on the santa tracking program. >> on the third day of christmas -- >> my true love gave to me. >> that stupid hat. >>> merry christmas and welcome to >>> merry christmas, welcome to "cbs this morning." merry christmas to you and you. >> our first christmas together. >> our first christmas together. yeah. great place to be. looking forward to a healthy and happy new year as well. >> so am i. santa was good to you? >> well, i'm going to see when i get home. he wasn't there when i left. since we get here so early, i'll check in when i get home. >> exactly. all right. >>> before we get started though, let's go to rebecca jarvis for a quick check of the headlines. >> thanks i'm rebecca jarvis. from the midwest to th
in the hospital. doctors say he's in stable condition but needs to build up his energy. >>> christmas prayers are going out to nelson mandela. south africans are sending warm wishes to the ormer leader. he's been in the hospital for more than two weeks with a lung infection and gal stone surgery, as well. he's in no imminent danger but doctors want to make sure before releasing him. the icon is 94 years old. >>> now we turn to britain, where thousands of christmas travelers are having a rough go today. flooding has shut down train service in many areas, especially in scotland, southwest england and south wales, as well. in highways there impassable. drivers have been warned not to travel unless absolutely necessary. and more rain expected later today. >>> severe flooding is a problem in northern california. highways in sonoma california are under water. and up in the mountains, up to four feet of snow expected to fall in the sierra nevada. it is the second wave of storms to hit northern california sense friday. the rainy weather also grounded dozens of flights around the san francisco bay are
. what's going to happen with this system is the main low is going to transfer its energy to the coast and that is going to become the primary storm that's going to rise up the eastern seaboard and probably pretty significant places below. but even the major i-95 cities like new york, philly and boston will see significant snow from this. >> what happens here? how much worse is it here than in the rest of the country? >> well, you know, this storm was fairly weak before nowhere near as strong as the last one was. this is finally getting its act together. >> get our shovels and boots out? that's the idea? >> yeah. and as far as the snowfall totals we're expecting to see, probably the major cities could get in on the action. that's how different it was from the last system. so new york city three, four, five inches of snow not out of the question. upstate new york especially where it's a little colder, but as we head toward southeastern new england, that's where the real bull's eye could be. some places could pick up a foot of snow. that's going to cause travel he
at the nymex. we have a nice little rally. if you're long, it's looking pretty good. nymex leading the energy complex. we had the contract here go above $91. that's a two-month high for the current contract. partly we've seen a little bit of a weakening of the dollar. that has certainly helped commodities. also optimism about the fact they're getting back to work in washington to try to avert the year-end fiscal cliff situation. meantime, one of the things that's interesting is how wti nymex has performed. year-to-date it has been the worst performer with regard to its loss versus a gain on the benchmark now for the global crude of brent. because we continue to see a glut here in the u.s. of oil that's produced, and unable to get out to the rest of the market, to the global market, because of a lack of infrastructure. in fact, that brent premium for a second year has topped $15 on average for the year. we're close to $20 here. nat gas also getting a bit of a boost today. the near term forecast certainly chilly. you can see that with all of that snow that's headed towards the east coast from t
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there. why not be nice. once you're nice they marry you. >> it takes no energy. >> and do what my mother always told me, write your thank-you letters. >> peter greenberg going out on a limb. thank you very much. >>> two weeks ago we reported on a case of jon hammar, a marine veteran who was locked up in mexico for four months. he's on his way home for christmas. as jim axelrod reports the return trip has not been easy. >> reporter: when he crossed over the border into the u.s. friday night it seemed like jon hammar's four-month ordeal was over. hammar had been in a mexican jail since august for bringing a shotgun across the border for a surfing vacation with a friend. he was held in a notorious prison said to be run by a drug cartel. and in this photo he's actually chained to a bed. >> we actually started receiving calls from members of the cartel saying, you know, we have your son and we're going to kill him. and they put him on the phone and i realized they really did. >> to make matters worse he was suffering from post-traumatic stress disorder after serv
. some rain is trying to get its act together, especially in the north so far i think the rain energy is back behind us t. is the cloud rain forecast. sometimes the models don't handle these systems very well but we're okay and by this evening we'll start to cloud up, there it is some of the rain starting to spin up late tonight into early saturday. heading into tahoe which is mainly cloud. clouded up today and sunday. it will be warmer due to the cloud cover but not much. but monday clear and mostly sunny, but lows back near 0 like today. rain along the coast to the north but not until later on. upper 50s, low 50s so it's a chilly morning out there. no doubt about it. bundle up, we won't be very warm today. clouds will continue to be with us into saturday and some of the rain should be out of here saturday morning. cold and breezy on sunday. a fast moving system maybe on monday, but then mostly sunny and rather brisk on tuesday. >> all right. 7:39, a rare tornado touchdown in watsonville during last weekend's storm. the national weather service confirmed that the twister formed over
: this follow-up -- if you are poor, you'd have to spend a lot of energy to get enough to beat. john, connecticut. good morning. caller: good morning. i was calling to mention low- quality food and the cost of health care, but you covered well. do you think it would be more beneficial if they start doing a local farming program where they could start growing vegetables? maybe have some land with tiles and chickens, and local people could work on the farming areas and return the food to the communities as opposed to being so reliant on high-salt diets, the foods we would coin as having a long shelf life, leaving it on the shelf for six months without going bad? has the government been able to look into those programs, considering the finances involved in the program as a whole? host: thank you. a related topic -- the availability of this fresh produce is a big distraction for many. guest: there are some programs that speak directly to the point, one our farms-to-school programs, directed to help know where food is coming from and getting fresher food into the schools. in addition, we
Search Results 0 to 11 of about 12